Our financial results for 1996 were outstanding. Systemwide restaurant sales approached $620 million. Comparable restaurant sales increased 11.9% at Company-owned restaurants and 5.9% at franchised units. Revenues increased 42% to $360 million and net income increased 60% to $18.6 million.
In November 1995, Forbes ranked Papa John's 10th on its list of
the Best 200 Small Companies in America. In January 1996, Entrepreneur
magazine ranked Papa John's number one in the pizza category (and 34th
overall) in its list of the 500 best franchise opportunities in the country.
And Papa John's has been named (and this is where the rubber meets the
road) "Best Pizza" in over 40 markets, most recently in Memphis, Nashville, Indianapolis, Cincinnati and Louisville!
For more financial information please fill out our Financial Information Request
Form. While we are pleased with these results, we have even higher expectations
for 1997 and beyond.
Red States represent Existing
Development Areas.
Green States represent Committed Development
Areas
